GTT bags tank gig for CMA CGM’s LNG-powered containerships

French LNG containment giant GTT has secured an order from HD Korea Shipbuilding & Offshore Engineering to design the tanks of CMA CGM's 12 LNG-powered containerships.

Under these new orders, HD Hyundai Heavy Industries (HHI) and HD Hyundai Samho (HSHI) will each build six containerships.

Each ship will have a capacity of 15,500 teu and integrate LNG tanks with a total volume of 12,700 cbm, according to GTT.

These tanks will incorporate GTT’s Mark III Flex membrane containment system, while deliveries of the vessels are scheduled between the second quarter of 2027 and the second quarter of 2028, GTT said.

Using LNG as fuel ensures compliance with regulations on emissions of nitrogen oxides, sulphur oxides, CO2, and particulate matter, according to GTT.

For instance, GTT estimates that choosing LNG to power a large 15,000-teu containership saves around 25,000 tonnes of CO2 per year compared with heavy fuel oil propulsion.

LNG Prime reported on July 15, citing shipbuilding sources that CMA CGM, one of the world’s largest backers of LNG as fuel, has ordered 12 LNG dual-fuel container vessels at two yards owned by South Korean conglomerate HD Hyundai.

HD KSOE said in two separate fillings to the stock exchange that HD Hyundai Samho and HD Hyundai Heavy will each build six containerships for an unidentified European company.

Moreover, the group said each order has a price tag of about 1.84 trillion won or 3.68 trillion won for the 12 vessels.

This equals about $2.66 billion or some $222 million per vessel.

Most Popular

Venture Global gets FERC OK to boost Plaquemines LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to boost the capacity of its Plaquemines LNG terminal in Louisiana to 27.2 mtpa.

Asyad Shipping sells LNG carrier

Oman's Asyad Shipping has sold a 2006-built steam liquefied natural gas (LNG) carrier, according to brokers.

First Rio Grande LNG tank taking shape

US LNG developer NextDecade continues to make progress on the first phase of its Rio Grande LNG export plant in Texas, including the first 180,000-cbm storage tank.

More News Like This

GTT still expects more than 450 LNG carrier orders in next 10 years

French LNG containment giant GTT still expects more than 450 orders for large LNG carriers over the next ten years, according to GTT’s chief Philippe Berterottière.

GTT secured orders for 72 LNG carriers in 2024

French LNG containment giant GTT received orders for 72 liquefied natural gas carriers in 2024, while its revenues rose 50 percent compared to 2023.

GTT’s CEO Choimet resigns

Jean-Baptiste Choimet has resigned as GTT's chief executive officer just eight months after he took the top job at the French LNG containment giant.

GTT seals cooperation deal with China’s CSLNG, CHI

French LNG containment giant GTT has signed a strategic cooperation deal with China's Cosco Shipping LNG Investment (Shanghai) and...